In this unstable ecomony, harried investors are re-evaluating their strategies. Low-priced “penny stocks” can be an attractive investment, but did you know they one of the riskiest choices?
What is a Penny Stock?
In the U.S. financial markets, a penny stock is any stock that trades outside if one of the major exchanges (NYSE, NASDAQ, or AMEX). According to the SEC definition, they are low-priced, speculative securities of a very small company. Penny stocks also go by the names microcap stock, small caps, and nano caps.
With very low initial buy-ins, penny stocks can return cracy good profit when the market turns around. To add …read more

This morning’s first half hour of trading was a wild ride. 
I watched shares of Freddie Mac dip to $0.88 and rise to $1.63 within a 10 -15 minute window.  It is easy to say I should have bought and quickly sold at the above prices.  But, as the saying goes…shoulda, woulda, coulda.
Hindsight is 20/20.  I predicted a tumultuous market for these two but, no one could have predicted this range. 
You have to have a tough stomach (or cash to play with) to participate in this kind of madness!